The Small Business Administration (SBA) awarded a $1.4 million Formula Grant to Renaissance Economic Development Corporation through the Microloan Program (CFDA #59.046) to provide microloans and business assistance to small businesses in New York from July 1, 2021 to June 30, 2022. As an intermediary lender under the Microloan Program, Renaissance Economic Development Corporation will use the funding to issue micro-level loans of $50,000 or less to eligible small businesses, along with...
The Renaissance Economic Development Corporation was awarded a $2.24 million Project Grant from the Small Business Administration under the Microloan Program (CFDA 59.046) for the period of July 1, 2022 to June 30, 2023. As a sub-awardee of Asian Americans for Equality, Inc., Renaissance EDC will deliver technical assistance to microloan borrowers in New York, NY in support of the Microloan Program's goal of expanding access to credit for small businesses in underserved communities....
This federal Project Grant award of $721,001.00 from the Small Business Administration's (SBA) Microloan Program (CFDA 59.046) was provided to Renaissance Economic Development Corp, a minority-owned, nonprofit organization, to deliver microloans, business training, and financial counseling to entrepreneurs, small businesses, and low-income individuals in underserved communities in New York. As a Community Development Financial Institution (CDFI) and intermediary microlender, Renaissance Economic...
The Small Business Administration (SBA) Microloan Program awarded a $134,691 formula grant to Renaissance Community Loan Fund Inc., a non-profit organization, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses. This grant, which runs from July 1, 2023 to June 30, 2024, is funded under the SBA's Microloan Program (CFDA 59.046). The program aims to assist women, low-income, and minority entrepreneurs, business owners, and...
The Renaissance Community Loan Fund Inc., a nonprofit community development organization in Mississippi, received a $486,034 Project Grant from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) on July 1, 2024. This federal grant award will enable Renaissance Community Loan Fund to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved Mississippi...
The Small Business Administration (SBA) awarded a $152,140 Microloan Program Formula Grant to Renaissance Community Loan Fund Inc. to provide microloans and business training/technical assistance services from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to help women, low-income, and minority entrepreneurs and small business owners in underserved areas through direct loans and grants to intermediary microlenders. Renaissance Community Loan Fund will use the funding...
The Small Business Administration (SBA) awarded a $184,880 Project Grant to Renaissance Community Loan Fund Inc. to provide technical assistance to current and prospective microloan borrowers from July 1, 2022 to June 30, 2023. The grant funding supports the SBA's Microloan Program (CFDA #59.046), which aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to small dollar loans and management assistance. Under this award, Renaissance Community...
The Small Business Administration (SBA) provided a $121,380 Microloan Program (CFDA 59.046) Formula Grant to the National Asian American Coalition, a minority-owned non-profit organization, to deliver micro-level loans and business training and technical assistance to start-up, newly established, and growing small business concerns, with a focus on serving Asian-Pacific American communities and entrepreneurs. The grant period runs from July 1, 2023 to June 30, 2024. Through this funding,...
The Small Business Administration (SBA) awarded a $1.92 million Formula Grant to Ascendus, Inc. doing business as Accion USA through the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to small businesses from July 2022 to June 2023. The Microloan Program aims to assist entrepreneurs and business owners in underserved areas through direct loans of up to $50,000 and grants to intermediary microlenders. As the sub-awardee, Accion USA will...
The Small Business Administration awarded Southeast Asian Community Center a $143,101 Microloan Program Project Grant from July 1, 2023 to June 30, 2024. Through the SBA's Microloan Program (CFDA #59.046), which aims to expand access to credit for women, low-income, and minority entrepreneurs, Southeast Asian Community Center will provide microloans of $50,000 or less as well as business training and technical assistance to start-up, newly established, and growing small businesses in San...